Housing Market Analysis for RICHMOND DRIVE, IG8 8RF

Are you looking to understand IG8 8RF house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Redbridge postcode.

For the location information and nearby amenities in the IG8 8RF area, explore the IG8 8RF Area information page.
For comprehensive crime statistics in the IG8 8RF area, explore the IG8 8RF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG8 8RF postcode area, The average prices are as follows,

  • Flat
    • The average price is around £555,135 median price is £524,000 Standard Deviation is £168,524 with Total Sold: 27
    • The Last 5 Year average price is £895,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 3, ALEXANDRA HOUSE RICHMOND DRIVE: £670,000 (Sold on 15 Jun 2018)
    • The first recorded sale happened at this postcode is FLAT 5, ALEXANDRA HOUSE RICHMOND DRIVE: £895,000 (Sold on 19 Jan 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 8RF house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£670,000 £5,286 1
2017£811,667 £5,083 3
2016£722,500 £4,402 2
2014£643,333 £4,033 3
2013£610,000 £4,398 1
2012£522,500 £3,923 2
2011£615,000 £4,559 1
2007£449,998 £3,154 2
2006£450,000 £3,169 1
2005£524,000 £2,848 1
2004£399,995 £3,156 1
2002£383,706 £2,657 8
2024£895,000 £5,774 1

All the Sales in the RICHMOND DRIVE, IG8 8RF

See the table below for more details on the sold house prices in the IG8 8RF, Redbridge postcode.

AddressSold DatePrice% Change
FLAT 3, ALEXANDRA HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 126.76 Sq.mtrAge: before 190015 Jun 2018£670,00045.65%
21 Sep 2012£460,00015.00%
13 May 2004£399,99514.30%
26 Jul 2002£349,950First Sale
FLAT 2, ALEXANDRA HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 184 Sq.mtrAge: 1996-200223 Nov 2017£895,0008.48%
14 Oct 2016£825,00022.22%
02 Jun 2014£675,00028.82%
20 Sep 2005£524,00027.81%
22 Jul 2002£409,995First Sale
FLAT 8, ALEXANDRA HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 142 Sq.mtrAge: 1900-192931 May 2017£760,00034.51%
28 Jan 2014£565,00013.00%
06 Sep 2007£499,99511.11%
24 Nov 2006£450,0009.77%
30 Aug 2002£409,950First Sale
FLAT 5, ALEXANDRA HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 155 Sq.mtrAge: before 190001 Mar 2017£780,00013.04%
15 Apr 2014£690,000102.97%
31 Jul 2002£339,950-62.02%
19 Jan 2024£895,000First Sale
FLAT 7, ALEXANDRA HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 143.5 Sq.mtrAge: 1900-192920 Jul 2016£620,00055.00%
02 Oct 2007£400,0006.68%
04 Oct 2002£374,950First Sale
FLAT 6, ALEXANDRA HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 138.71 Sq.mtrAge: 1996-200212 Jul 2013£610,0004.27%
20 Apr 2012£585,00042.70%
02 Aug 2002£409,950First Sale
FLAT 1, ALEXANDRA HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 134.9 Sq.mtrAge: 1996-200225 Jan 2011£615,00053.77%
15 Jul 2002£399,950First Sale
FLAT 4, ALEXANDRA HOUSE RICHMOND DRIVEFlat, Leasehold15 Aug 2002£374,950First Sale

Check out the sold house prices near the IG8 8RF postcode. Properties currently for saleProperties currently for rent

RICHMOND DRIVE, IG8 8RF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG8 8RF postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IG8 8RF postcode.

  • Terraced
    • The average price is around £432,638 median price is £415,000 Standard Deviation is £253,832 with Total Sold: 421
    • The Last 5 Year average price is £682,651 with Total Sold: 47
    • The most recent sale happened at this postcode is , 5 ROSEBURY SQUARE: £1,050,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 NONSUCH CLOSE: £63,000 (Sold on 09 Jan 1995)
  • Flat
    • The average price is around £355,740 median price is £325,000 Standard Deviation is £194,056 with Total Sold: 811
    • The Last 5 Year average price is £529,973 with Total Sold: 73
    • The most recent sale happened at this postcode is FLAT 7, BARTHOLOMEW HOUSE RICHMOND DRIVE: £575,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 54A CAERNARVON DRIVE: £52,500 (Sold on 30 Aug 1995)
  • Detached
    • The average price is around £793,594 median price is £682,475 Standard Deviation is £513,217 with Total Sold: 388
    • The Last 5 Year average price is £1,487,646 with Total Sold: 46
    • The most recent sale happened at this postcode is , 2 AUDLEIGH PLACE: £1,300,000 (Sold on 20 May 2024)
    • The first recorded sale happened at this postcode is , 140 TOMSWOOD HILL: £105,000 (Sold on 26 Jan 1995)
  • Semi-Detached
    • The average price is around £341,248 median price is £305,000 Standard Deviation is £178,100 with Total Sold: 261
    • The Last 5 Year average price is £536,515 with Total Sold: 50
    • The most recent sale happened at this postcode is , 56A CAERNARVON DRIVE: £315,000 (Sold on 03 May 2024)
    • The first recorded sale happened at this postcode is , 79 RAVENSBOURNE GARDENS: £70,000 (Sold on 26 Jun 1995)
  • Other
    • The average price is around £341,143 median price is £50,000 Standard Deviation is £394,512 with Total Sold: 7
    • The Last 5 Year average price is £267,600 with Total Sold: 5
    • The most recent sale happened at this postcode is , LANDMARK TOWER THE BOULEVARD: £1,000 (Sold on 07 Aug 2023)
    • The first recorded sale happened at this postcode is , 1A PENHURST ROAD: £50,000 (Sold on 26 Jun 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,020,0002
2023£676,444 £4,978 9
2022£851,000 £6,137 11
2021£594,425 £5,006 12
2020£709,875 £4,675 4
2019£513,667 £4,947 9
2018£598,375 £5,082 16
2017£595,909 £4,700 11
2016£545,392 £4,668 8
2015£551,916 £3,943 12
2014£514,250 £4,323 12
2013£535,423 £3,400 13
2012£316,500 £2,670 13
2011£414,700 £3,020 5
2010£670,374 £3,637 12
2009£440,700 £3,233 10
2008£295,973 £3,599 9
2007£402,375 £3,286 16
2006£457,588 £2,986 17
2005£525,308 £3,509 13
2004£337,842 £2,846 20
2003£400,686 £2,837 36
2002£357,293 £2,713 51
2001£392,475 £2,138 44
2000£317,729 £1,953 26
1999£96,300 £1,085 10
1998£121,000 £1,052 2
1997£85,390 £1,035 5
1996£73,179 £800 7
1995£63,792 £597 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£461,000 £5,774 5
2023£404,062 £4,358 8
2022£543,067 £5,203 15
2021£578,820 £5,231 25
2020£542,000 £4,982 11
2019£508,000 £4,535 9
2018£585,727 £5,893 11
2017£553,643 £4,877 21
2016£476,800 £4,776 25
2015£467,108 £4,644 23
2014£460,903 £4,189 26
2013£432,462 £3,902 13
2012£389,222 £4,247 18
2011£422,107 £4,023 21
2010£483,454 £3,883 26
2009£305,607 £2,985 14
2008£360,636 £2,955 22
2007£371,012 £3,602 48
2006£313,819 £3,191 50
2005£336,733 £3,210 32
2004£413,593 £3,430 63
2003£348,480 £2,935 48
2002£297,275 £2,710 96
2001£244,625 £2,379 98
2000£201,145 £2,120 44
1999£71,665 £1,021 12
1998£63,428 £937 7
1997£59,131 £855 11
1996£50,100 £726 5
1995£50,125 £749 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,575,000 £6,892 5
2023£1,823,125 £5,678 8
2022£1,580,900 £6,172 10
2021£1,535,500 £7,103 10
2020£1,090,540 £5,532 5
2019£1,169,375 £5,075 8
2018£1,170,083 £7,332 6
2017£1,171,000 £4,964 10
2016£1,030,500 £5,781 10
2015£858,455 £4,525 11
2014£1,032,615 £4,221 13
2013£788,200 £3,532 5
2012£794,278 £3,725 9
2011£719,583 £4,004 6
2010£638,961 £3,772 13
2009£693,278 £3,656 9
2008£1,037,500 £4,185 11
2007£1,020,500 £2,845 16
2006£921,414 £3,285 18
2005£729,265 £3,187 13
2004£673,597 £3,088 19
2003£698,889 £3,432 33
2002£512,395 £2,506 49
2001£568,835 £2,028 24
2000£598,010 £2,323 26
1999£454,682 £2,202 11
1998£377,333 £1,979 9
1997£207,500 £1,122 6
1996£284,500 £704 6
1995£255,778 £1,375 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£315,0001
2023£551,667 £5,951 3
2022£651,500 £5,799 13
2021£506,964 £5,700 14
2020£502,146 £5,396 12
2019£466,143 £5,616 7
2018£485,875 £5,099 4
2017£507,833 £4,214 6
2016£411,000 £4,365 6
2015£421,500 £3,942 8
2014£370,700 £3,819 15
2013£370,200 £3,612 5
2012£326,400 £3,205 10
2011£305,550 £3,436 10
2010£315,277 £3,193 9
2009£322,400 £3,384 5
2008£294,833 £3,622 9
2007£316,749 £3,498 10
2006£322,077 £2,962 13
2005£235,875 £3,262 4
2004£338,262 £3,414 16
2003£327,735 £2,792 17
2002£256,461 £2,439 23
2001£204,325 £1,613 6
2000£236,590 £1,784 5
1999£106,827 £1,077 13
1998£114,999 £995 7
1997£84,250 £633 2
1996£81,999 £860 6
1995£67,000 £768 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£423,667 £4,556 3
2022£49,0001
2019£18,0001
2018£1,000,000 £4,144 1
2015£50,000 £610 1

House Type in IG8 8RF area

The most common house types in the IG8 8RF postcode area are Terraced (39), Flat (35), and converted building (31).

Total117
Terraced39
Flat35
converted building31
Semi-detached8
Shared house2
Detached1
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (45), and Private rented: Private landlord or letting agency (39).

Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency39
Owned: Owns outright32
Private rented: Other private rented3
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IG8 8RF have 3 people in household (39), and 2 people in household (31).

3 people in household39
2 people in household31
1 person in household26
4 people in household17
5 people in household4
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0